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community who rely on energy tax breaks to keep on moving and keep on producing. so i don't want to see economic growth derailed. it was too horribly painful to sit through this very difficult economic recovery inch by inch, every day hoping we would push forward despite the odds. we have the -- we had the economic crisis in europe that weighed on us as well. well, what we did this morning was important. so i want to close by saying this to my friends in the house, all of them, democrats, republicans, liberals, moderates and conservativesmen conservati. this is not a perfect deal. we all know it. you know, each of us can find a piece of it that we really, really don't like. but on the whole, it will give certainty to this economy. in many cases, many of the provisions are permanent, like the a.m.t. it gives certainty and certainty is critical. we will not go back. we will not take billions and billions of dollars out of this economy. we can't do that now. and i would say to my conservative friends over there, now it's the 1st of the year, you're actually cutting t
community who rely on energy tax breaks to keep on moving and keep on producing. so i don't want to see economic growth derailed. it was too horribly painful to sit through this very difficult economic recovery inch by inch, every day hoping we would push forward despite the odds. we have the -- we had the economic crisis in europe that weighed on us as well. well, what we did this morning was important. so i want to close by saying this to my friends in the house, all of them, democrats,...
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undaunted courage, an indomitable energy, speaking truth to power regardless of its cost. they grappled with the great political and moral issues of their time so that we might harness and clarify their vision to me to the imposing in tangencies of our present. thank you so much for coming and for listening. [applause] >> if you have questions, we have to microphones on either side of the center section. please let us know if you have questions. ms. hertog is willing to answer them for just a few minutes. thank you. >> hello. >> you mentioned that thompson left for england with $150. really without any track record of any career in journalism. how did she actually break and in london? i know she became the first foreign correspondent, but how did she break the egg and get in? >> well, she went to the international news service and volunteered her services. she said don't pay me anything. just give me assignments and i will do whatever you want me to do. and i promise to bring back the story. and that's how she made her way into journalism, in to foreign correspondents. she
undaunted courage, an indomitable energy, speaking truth to power regardless of its cost. they grappled with the great political and moral issues of their time so that we might harness and clarify their vision to me to the imposing in tangencies of our present. thank you so much for coming and for listening. [applause] >> if you have questions, we have to microphones on either side of the center section. please let us know if you have questions. ms. hertog is willing to answer them for...
WHUT (Howard University Television)
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they need to quickly state the energy portfolio and decide on the use of nuclear energy in the first half of next year. >> reporter: people in japan are frustrated because they don't know where their country's energy policy is headed and what the future holds for nuclear power. they want clarity. prime minister abe's decision on this issue will face plenty of scrutiny and will be among the first of many tests for his administration. >>> stocks rallied here in tokyo, fukushima from the business team. they are here with more. >> the core index advanced for the fourth session in a row mainly on back of weaker yen, the japanese yen. the tokyo stock market closed the final session of 2012 at the year's highest level. investors are hoping prime minister shinzo abe's administration will tackle inflation and spur economic growth. a festive mood dominated at a ceremony that marked the end of trading for the year at the tokyo stock exchange. it topped the previous high for the previous year recorded on thursday. for the entire year the nikkei advanced 23%. this is the first time in three years
they need to quickly state the energy portfolio and decide on the use of nuclear energy in the first half of next year. >> reporter: people in japan are frustrated because they don't know where their country's energy policy is headed and what the future holds for nuclear power. they want clarity. prime minister abe's decision on this issue will face plenty of scrutiny and will be among the first of many tests for his administration. >>> stocks rallied here in tokyo, fukushima...
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when it comes down to the last minutes here, how much less energy and vigor some of the no voters have, they -- they would like to at least be able to go home for a day before the new congress starts on january 3rd. >> they want to tell constituents, i wasn't all that into this but that had nothing to do with me. here is the problem, as we get further and further. this could have amendments and setbacks, does that give energy to interest groups who started last night? politicking and lobbying both senators and congressmen to say this is a bad deal that gives too much to the other side. >> sure this gives an opportunity for opponents to make arguments this is a bad deal. this legislation not available to anybody publicly when the senate voted it on last night. there were early returns from heritage action group telling folks to vote no on it if they could, but basically this is the opportunity the no crowd will have over the next 12 hours, 24 hours to make their arguments. this is the way congress does business in the dark of night without any transparency to what they are doing, and i
when it comes down to the last minutes here, how much less energy and vigor some of the no voters have, they -- they would like to at least be able to go home for a day before the new congress starts on january 3rd. >> they want to tell constituents, i wasn't all that into this but that had nothing to do with me. here is the problem, as we get further and further. this could have amendments and setbacks, does that give energy to interest groups who started last night? politicking and...
SFGTV2: San Francisco Government Television
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council, i thank you for your interest in criminal justice and all your energies and efforts on its behalf. we know this is an issue that is of great importance to the state of california and to the nation. of course we have the opportunity to yet again lead the way here in california. we're offering a bill this year, s.b.-1506 which would redefine the crime of simple possession of a drug from felony to misdemeanor. there are 13 other states, and the federal government which already do this and in the 13 other states, we have the data that shows that we get better results, better outcomes, meaning safer communities, and surprisingly the states include not only the large eastern states of pennsylvania and new york, but also states like mississippi, south carolina, west virginia, wyoming, iowa, all of which use this mid deem charge rather than felony. and what we find in these 13 other states is that there are higher rates of drug treatment participation, lower rates of drug use, and even slightly lower rates of violent and property crime. so again, we can prove we can have safer communities
council, i thank you for your interest in criminal justice and all your energies and efforts on its behalf. we know this is an issue that is of great importance to the state of california and to the nation. of course we have the opportunity to yet again lead the way here in california. we're offering a bill this year, s.b.-1506 which would redefine the crime of simple possession of a drug from felony to misdemeanor. there are 13 other states, and the federal government which already do this and...
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on the sector front, we saw gains of at least 2% in technology, energy and materials related stocks. financials were the strongest group this year, rising over 26%. consumer discretionary stocks advanced over 20% as well. while the defensive health care group added 15%. those banking shares got an added boost today on word that banks could soon reach a $10 billion settlement with u.s. regulators over foreclosure abuses. the biggest winner on word of a potential settlement, bank of america. its shares added a quarter, to $11.60. it was the biggest winner on the dow this year. some positive analyst comments on facebook sent shares higher. b.m.o. capital says it's doubling its price target to $32 a share. it says facebook may benefit from a pick up in ad spending. facebook added $0.70 to $26.60. it looks like apple's mini ipad is a big hit in china. apple's stores both on the mainland and in hong kong are reportedly either out of stock or have tight supplies. apple climbed nearly 4.5% to close at $532. some big changes over the weekend at zynga. the online game maker slashed 11 games fr
on the sector front, we saw gains of at least 2% in technology, energy and materials related stocks. financials were the strongest group this year, rising over 26%. consumer discretionary stocks advanced over 20% as well. while the defensive health care group added 15%. those banking shares got an added boost today on word that banks could soon reach a $10 billion settlement with u.s. regulators over foreclosure abuses. the biggest winner on word of a potential settlement, bank of america. its...
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woman: i remember, when he did my solo, he was able to dance it so well and with such energy and wit and tenderness that i thought to myself, "i'll never be able to do this thing." i remember standing in the wings with mr. b. and he would be watching "dances at a gathering," you know, and he thought it was a wonderful ballet. i think mr. b. would have loved to have choreographed "dances at a gathering." he was a little envious of that and he thought it was beautiful. man: i never saw a reaction of an audience -- they just went, "bravo!" and i never heard that at city ballet. it was staggering. it was staggering. martins: jerome robbins was heralded as being the future. and balanchine was sort of "okay, pack your bag, george it's time." narrator: robbins' triumphant return to city ballet coincided with a rare fallow period for george balanchine. but robbins' ambitious and distinctive new ballets provoked not only praise but criticism. [ bach's "goldberg variations" playing ] in "the goldberg variations," he took on bach's monumental 80-minute keyboard work -- a task he compared to try
woman: i remember, when he did my solo, he was able to dance it so well and with such energy and wit and tenderness that i thought to myself, "i'll never be able to do this thing." i remember standing in the wings with mr. b. and he would be watching "dances at a gathering," you know, and he thought it was a wonderful ballet. i think mr. b. would have loved to have choreographed "dances at a gathering." he was a little envious of that and he thought it was...
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wife wendy who was on the board of enron this was all cam lay's gig so that ken lay could trade in energy futures as. well no i don't think so. yeah you worked for enron oh yeah but did he was not lobbying on behalf of the financial demands a lot of you on the editorial but it's good to point. the point is that that we went from no derivatives right there was no market derivatives no black market in underground market nothing and no trade no opaque market no transparent transparent that went from that to nine hundred trillion dollars worth of shorts now down to six hundred trillion dollars the g.d.p. of the entire planet is sixty five trillion dollars a year in the last five years we've seen we've seen two hundred fifty trillion dollars of the derivatives vanish in the ten years before that we saw six hundred trillion dollars appear how can you say if there's there's a will there's a winner on one side a loser on the other of ours to be marketing it you know i mean i'm i'm against this i think here you are trying to dictate behavior the problem here i see it is you're taking the transacti
wife wendy who was on the board of enron this was all cam lay's gig so that ken lay could trade in energy futures as. well no i don't think so. yeah you worked for enron oh yeah but did he was not lobbying on behalf of the financial demands a lot of you on the editorial but it's good to point. the point is that that we went from no derivatives right there was no market derivatives no black market in underground market nothing and no trade no opaque market no transparent transparent that went...
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that is why we are building a germany into one of the most modern energy producers in the world. that is why we are preparing our country for demographic change, and that is why we are bringing public finances into order. these objectives into 2013. we need the right balance for prosperity and cohesion. we need a willingness to achieve as well as social security for all. the european sovereign debt crisis shows us how important this balance is. the reforms we have agreed to are beginning to take effect. but we still need a lot of patience. the crisis is far from over. more needs to be done internationally, as well, to monitor the financial markets. the world has not sufficiently learned the lesson of the devastating financial crisis of 2008. for never again must such irresponsibility be allowed to take cold as it did then. in the social market economy, the state is the guardian of order, and the public must be able to place its trust in it. my fellow citizens -- at this hour in particular, we should think about those to ensure our security, both here and far away. they are our so
that is why we are building a germany into one of the most modern energy producers in the world. that is why we are preparing our country for demographic change, and that is why we are bringing public finances into order. these objectives into 2013. we need the right balance for prosperity and cohesion. we need a willingness to achieve as well as social security for all. the european sovereign debt crisis shows us how important this balance is. the reforms we have agreed to are beginning to...
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[applause] >> e mentioned the mix of energy. is there a danger that the extraordinary growth creates a sense of abundance and they no longer need to worry about renewable oils. >> it is certainly having an impact. it has slowed down. there's something like 17 nuclear reactors being considered just to keep us at 20's term. that has backed off. the thing we have to worry about is putting all of our eggs in one basket. we have been here where natural gas was a very low cost. then we saw the prices by. it is not where you want to over and guess. as we look at the issue of climate change we need to look at all of those other forms of power that can give us the ability that we would never be energy independent. we certainly are a lot less dependent on countries that do not like us. it will have an impact on our international policy and what we do in the middle east. it is a grave concern. right now because and natural gas is having an impact on the decision makers of where you put your money and how fast you develop. i think they have
[applause] >> e mentioned the mix of energy. is there a danger that the extraordinary growth creates a sense of abundance and they no longer need to worry about renewable oils. >> it is certainly having an impact. it has slowed down. there's something like 17 nuclear reactors being considered just to keep us at 20's term. that has backed off. the thing we have to worry about is putting all of our eggs in one basket. we have been here where natural gas was a very low cost. then we...
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on the sector front, we saw gains of at least 2% in technology, energy and materials related stocks. financials were the strongest group this year, rising over 26%. consumer discretionary stocks advanced over 20% as well. while the defensive health care group added 15%. those banking shares got an added boost today on word that banks could soon reach a $10 billion settlement with u.s. regulators over foreclosure abuses. the biggest winner on word of a potential settlement, bank of america. its shares added a quarter, to $11.60. it was the biggest winner on the dow this year. some positive analyst comments on facebook sent shares higher. b.m.o. capital says it's doubling its price target to $32 a share. it says facebook may benefit from a pick up in ad spending. facebook added $0.70 to $26.60. it looks like apple's mini ipad is a big hit in china. apple's stores both on the mainland and in hong kong are reportedly either out of stock or have tight supplies. apple climbed nearly 4.5% to close at $532. some big changes over the weekend at zynga. the online game maker slashed 11 games fr
on the sector front, we saw gains of at least 2% in technology, energy and materials related stocks. financials were the strongest group this year, rising over 26%. consumer discretionary stocks advanced over 20% as well. while the defensive health care group added 15%. those banking shares got an added boost today on word that banks could soon reach a $10 billion settlement with u.s. regulators over foreclosure abuses. the biggest winner on word of a potential settlement, bank of america. its...
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and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. learn more, lose more at letsfightfat.com. they don't help single moms. hi! hi! [ sarah ] what happened to our house last year? [ daughters ] it flooded and the water flooded out. yeah. [ sarah ] the red cross arranged the hotel for us. they gave me that break, that leverage, to be able to get it together and take care of them. you know? i feel like we've come full circle. [ daughter 1 ] like that! [ daughter 2 ] this is how i'll do it. [ sarah ] there you go. >> bret: peter lanza the father of newtown shooter adam lanza claimed his son's body. no word when they were claimed or the plans for a funeral service. it could be months before they produce a final report on the investigation. union influence may be slinking. yet, its power is still significant. shipping in the gulf and northe
and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. learn more, lose more at letsfightfat.com. they don't help single moms. hi! hi! [ sarah ] what happened to our house last year? [ daughters ] it flooded and the water flooded out. yeah. [ sarah ] the red...
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some popular tax deductions and credits from the stimulus bill, on clean energy, wind energy, education tax credits would be preserved under this deal. unemployment benefits extended for a year. there would be a doc fix. that is preventing doctors who work under medicare from having their reimbursements dramatically cut and you've had a fix to the alternative minimum tax, protecting tens of millions of families from a huge increase in their tax bill based on some provision that was originally intended only to hit people at the top. that's what we know so far but there's still elements in play and democrats have not yet scheduled a caucus meeting in the senate to sell this deal to their members. when they do that, you can expect vice president biden to go to the hill, talk to democrats, try to persuade them to vote for this. >> you mentioned in the biden/mcconnell talks, a couple of sticking points. one is the sequestering. what was the second one? >> well, there's disagreements over the estate tax. there's disagreements over the, how to pay for and whether to pay for the so-called doc f
some popular tax deductions and credits from the stimulus bill, on clean energy, wind energy, education tax credits would be preserved under this deal. unemployment benefits extended for a year. there would be a doc fix. that is preventing doctors who work under medicare from having their reimbursements dramatically cut and you've had a fix to the alternative minimum tax, protecting tens of millions of families from a huge increase in their tax bill based on some provision that was originally...
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that's led by energy sector and stocks. ex-financials. and what's also giving us a bit of pause heading into 2013 is the fact that these expectations are calling for about a 7% increase in earnings for next year which may not seem heroic on the surface, but it is a reacceleration from the 5% that we're going to post most likely in 2012. >> you have to think about fundamentals then. >> yeah. i'm worried a bit about that and the fact we're probably going to see a reset in earnings estimates in the next three or four weeks. because these negotiations, we're going to get some closure and resolution. it's still going to be a 1%, 1.5% fiscal drag. that's going to be an impact on earnings heading into 2013. >> rick santelli, what do you make of the reporting that john harwood just came out with a moment ago? what do you think that means? >> well, i found it a little bit curious. because here we are with mitch mcconnell and the vice president trying to work this out from a senate perspective. and the story is the house isn't going to vote for it.
that's led by energy sector and stocks. ex-financials. and what's also giving us a bit of pause heading into 2013 is the fact that these expectations are calling for about a 7% increase in earnings for next year which may not seem heroic on the surface, but it is a reacceleration from the 5% that we're going to post most likely in 2012. >> you have to think about fundamentals then. >> yeah. i'm worried a bit about that and the fact we're probably going to see a reset in earnings...
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are you simply taking it in, that's where the energy and that's where clearly the direction comes from the score. >> yeah, absolutely, yeah. it's the music. it's the music. i study a lot, really. and i'm studying all-- . >> rose: study what. >> you know, i love to go deeply in music. >> when you study the dor what are you looking for? what is if that speaks to you? >> what speaks to me? well,. >> is it knowing where the computers head was? what he was or she, what he was thinking at the moment s it getting to what might have been at the moment that that note was taken from this head and this heart and put there on that page? >> you start to think from that point. but at the send, remember that you are recreating. you are recreating, so sometimes let's put the example of the beethoven. beethoven is a kpotser very difficult to approach because you have let's say rules in david tobin music. you have to use a small orchestra. you have a very special kind of sound to approach. but at the end there is subjective because i'm sure that beethoven at his time, he had an organize tra, of 150 musi
are you simply taking it in, that's where the energy and that's where clearly the direction comes from the score. >> yeah, absolutely, yeah. it's the music. it's the music. i study a lot, really. and i'm studying all-- . >> rose: study what. >> you know, i love to go deeply in music. >> when you study the dor what are you looking for? what is if that speaks to you? >> what speaks to me? well,. >> is it knowing where the computers head was? what he was or she,...
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spoke to me by phone as i was preparing to go on with a source familiar with the talks who noted a wind energy tax credit is preserved as the president eluded to in his remarks. also depreciation for businesses with spending money on new equipment. all of those things arement wills of the tax deal, but until they get the sequester, the budget elements worked out, the deal's not going to be finished. >> now, the deduction phaseout. this is relatively new. any idea at this point which deductions we're talking about and any timetable for them? >> i have to confess, bill, i don't know how exactly that works. these are provisions that were first initiated in the 1990s as a way of getting more revenue from people at the top without raising their rates. so what you do is you take the same deductions that other people can take and you limit their value over a certain income level. this is in addition to something the president's proposed of making the tax deductions for people above a certain income level valued only at a lower percentage tax rate than the 39.6% rate. we'll see how all of these things
spoke to me by phone as i was preparing to go on with a source familiar with the talks who noted a wind energy tax credit is preserved as the president eluded to in his remarks. also depreciation for businesses with spending money on new equipment. all of those things arement wills of the tax deal, but until they get the sequester, the budget elements worked out, the deal's not going to be finished. >> now, the deduction phaseout. this is relatively new. any idea at this point which...
SFGTV: San Francisco Government Television
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that are generating surplus and pg&e is basically stealing this surplus energy at the rate pg&e is paying, so it's simply a policy that the mayor can institute under executive powers, and get around pg&e that way. in germany it's created 400,000 new jobs. it's created $4 billion in cash flow through the economy and making the german economy the strongest in europe and it's the -- it basically is a policy that pays the homeowners so it makes investing in solar attractive to homeowners. right now it's not attractive to put a hundred solar panels on your roof, but under this policy germany has made tremendous advances. there is one country in the world that is 100% solar power as of last month. cca cannot possibly do what they need done. the word -- you can boil this whole argument down to one question, one word and that is "inevitability". we are running out of the oil. we are drowning in our own waste. we need to stop burning oil and the way you could do it is putting a couple hundred solar panels on each house in san francisco. this was indirectly mentioned in the guardian editorial but t
that are generating surplus and pg&e is basically stealing this surplus energy at the rate pg&e is paying, so it's simply a policy that the mayor can institute under executive powers, and get around pg&e that way. in germany it's created 400,000 new jobs. it's created $4 billion in cash flow through the economy and making the german economy the strongest in europe and it's the -- it basically is a policy that pays the homeowners so it makes investing in solar attractive to...
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energy costs in terms of natural gas are down. china is reinstituting fiscal stimulation and japan is on the move in terms of easier money. all that is a positive, but we have come to expect in the asset markets a 10%-plus type of return for taking equity risk. and really if the real economy only grows at 2% to 3%, it is a case of spending straw into gold and how long that will continue. a 5% return from stocks, 2% to 3% from bonds is something we should expect going forward even with the pluses that you mentioned. >> what about your outlook for gold? your outlook is that gold is going to move higher in 2013, and i would assume that's because you know the fed will be in the house. >> we think gold will move higher as will commodities. it is hard to say exactly how much. gold to my way of thinking is a function of real interest rates to the extend real interest rates continue low and even come lower than gold can catch a bid, but ultimately it's an asset that depends on inflation to the extent that the fed and other central banks c
energy costs in terms of natural gas are down. china is reinstituting fiscal stimulation and japan is on the move in terms of easier money. all that is a positive, but we have come to expect in the asset markets a 10%-plus type of return for taking equity risk. and really if the real economy only grows at 2% to 3%, it is a case of spending straw into gold and how long that will continue. a 5% return from stocks, 2% to 3% from bonds is something we should expect going forward even with the...
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adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >>> my new year's message to washington is this entire problem isn't an isolated incident. it's how par zanship and polarization have taken over congress. i'm 18 and go to college in d.c. i used to be excited for the future but i don't want a country that doesn't have a successful working legislature. congress, remember what your purpose is and get back to doing your job. >> amen. if congress can't reach a deal by midnight, higher taxes are not the only concern for americans. there are many families who might not have any money coming in at all. more than 2 million people are at risk of losin
adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >>> my new year's message...
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the epa, the energy, the greek energy party, the green party, all this green energy going on in our country is all regulated to socialize our country. and the biggest thing that is going to bring us down to socialism is obamacare, because it is going to break our backs economically. it has been known for years, and you know it, too, that to control every country, you have got to control the economy. then you can control the people. this administration is working with the u.n. to bring the laws into our country circumventing the constitution, allowing the u.n. to tax us -- the u.n. is supposed to bring out a treaty and make a treaty up that will remove all guns from all people in the world that belong to the un, and the only people who will have guns are police departments and the military. host: that is a separate issue. let's go back to this, the key issue. the fiscal cliff deadline is approaching. the midnight deadline. from montana, on airline for democrats, good afternoon, spike. caller: good afternoon, and caller: everyone. -- good afternoon, everyone. the fiscal cliff as been on the t
the epa, the energy, the greek energy party, the green party, all this green energy going on in our country is all regulated to socialize our country. and the biggest thing that is going to bring us down to socialism is obamacare, because it is going to break our backs economically. it has been known for years, and you know it, too, that to control every country, you have got to control the economy. then you can control the people. this administration is working with the u.n. to bring the laws...
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the energy complex trading slightly lower across the board this morning. let's take a look at the west texas intermediate price, lower by about half a percent. brent price slightly more than that today. nat gas is the biggest loser, more than 2% of a decline there. temperatures across the country, not cold enough to keep that demand up right now. keep in mind, that the energy complex is fairly well supplied, as we head into the end of the year. meantime, the fiscal cliff, of course, is a concern here. but traders are saying that they do think we're going to get some sort of a deal within the foreseeable future. that's why prices are not breaking down even more than that. on the year, looking at wti, the price showing 7.25% decline. a quick look at how the metals are trading as well. gold is getting a bid today. those gains are somewhat muted. still under the 1,700 mark. copper is the bigger mover as we're looking at the pmi data out of china. last but not least, gold on track to show a 5% gain as the best performer in the metals con flex. >> let's head to
the energy complex trading slightly lower across the board this morning. let's take a look at the west texas intermediate price, lower by about half a percent. brent price slightly more than that today. nat gas is the biggest loser, more than 2% of a decline there. temperatures across the country, not cold enough to keep that demand up right now. keep in mind, that the energy complex is fairly well supplied, as we head into the end of the year. meantime, the fiscal cliff, of course, is a...
WHUT (Howard University Television)
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aren't many americans that are gonna want to go into iraq even given its importance in terms of global energy and oil. >> i think that reflects an understanding of where the country is. the u.s. whatever you think about how long troops should remain in afghanistan. i think everybody thinks that's enough with that kind of commitment of u.s. forces overseas. >> is our mission to eliminate taliban? it never was our mission. it is nation building? is it sending children to school? is it building sewer systems? is it going after al-qaeda? so, all those factors are complicated but they have to be carefully thought through and i'm not sure we've done that very well in the last ten years, but i do think we will do it smarter. we always learn. they're tough lessons to learn. vietnam was a tough lesson for us to learn. (instrumental music) >> but even as the war on terrorism winds down, the nuclear threat is surfacing once again. >> iran is working on a longer-range missile capability, an intermediate range missile, that could reach europe. and these guys are good. eventually they will develop an icbm
aren't many americans that are gonna want to go into iraq even given its importance in terms of global energy and oil. >> i think that reflects an understanding of where the country is. the u.s. whatever you think about how long troops should remain in afghanistan. i think everybody thinks that's enough with that kind of commitment of u.s. forces overseas. >> is our mission to eliminate taliban? it never was our mission. it is nation building? is it sending children to school? is it...
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adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >>> hillary clinton hospitalized for a blood clot. we'll have the latest on her condition in a live report. >>> 16 hours before we go over the fiscal cliff. negotiations have stalled. when congress meets this morning, can they get a hail mary deal? >> if we go over the cliff, you're going to feel it right away. what happens to your paycheck and when just ahead. >> good morning. i'm ali velshi. >> and i'm christine romans. >> and i'm sanjay gupta. good morning. soledad is off. it's monday, december 31st, 2012. >>> our starting point this morning, hillary clinton expected to ring in the new yea
adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >>> hillary clinton...
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and the second is, of course, the remarkable thing going on with energy based around shale, gas and oil. if these two sources of strength persist, you know, is the disappointment about the cliff enough to negate those two things? i suspect the answer is probably not. what it might mean is the difference between an economy that's going in the 2% vicinity of one that could, if a credible deal unleached from the korcht sector and beyond, one that could get back to what most people were -- if not normal, think of the old one in the 3% vicinity. >> jim, to the extent a client were to call you today and say, look, the market is dounl a little bit and who knows if it will be later today. do us this is a buying opportunity, then? >> well, you know, because i look at, obviously, things in such a global context, in any case, because the u.s. market has rallied so much from 2009, and as you guys, i hope, recall, i've been in the bull camp ever since, measures of valuation in particular so-called capital adjusted p/e ratio tight model which is a very conservative approach. the u.s. market isn't che
and the second is, of course, the remarkable thing going on with energy based around shale, gas and oil. if these two sources of strength persist, you know, is the disappointment about the cliff enough to negate those two things? i suspect the answer is probably not. what it might mean is the difference between an economy that's going in the 2% vicinity of one that could, if a credible deal unleached from the korcht sector and beyond, one that could get back to what most people were -- if not...
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and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> breaking news tonight, one of the greatest voices of her generation, whitney houston, has died. february 11th, 2012, a tragic end for an iconic singer. whitney houston, who battled with drugs and alcohol for decades, was found dead in a los angeles hotel bathroom. her death was ruled an
and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's...
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number three, we have a long-term opportunity around energy. america can become an energy exporter. how do we do that in a way that deals with some of the environmental challenges that we have at the same time? that's going to be a third thing. but the most immediate thing i've got to do, starting on january 1st, if congress doesn't act before the end of the year is make sure that taxes are not going up on middle class families. because it is going to be very hard for the economy to sustain its growth trends if suddenly we have a huge fight taken out of the average american's paycheck. >> new gun regulations. mayor bloomberg of new york told me a couple weeks ago on this program that ought to be your number one agenda item. you know how hard this is. do you have the stomach for the political fight for new gun control laws? >> you know, david, i think anybody who was up in newtown who talked to the parents, who talked to the families, understands that something fundamental in america has to change. and all of us have to do some soul serving, including me as president, that we allow a
number three, we have a long-term opportunity around energy. america can become an energy exporter. how do we do that in a way that deals with some of the environmental challenges that we have at the same time? that's going to be a third thing. but the most immediate thing i've got to do, starting on january 1st, if congress doesn't act before the end of the year is make sure that taxes are not going up on middle class families. because it is going to be very hard for the economy to sustain its...
SFGTV: San Francisco Government Television
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i think what we should do is change the 100% 2020 goal to locally produced energy from facilities beyond that date. >> thank you. next speaker please. >> hello commissioners. my name is paul congressmanus and part of. >> >> bon hundred% solar. there is a way to get to one heard% -- 100% and ignored in this country by the media so you might not have heard of it. it's a solar payment policy. it requires pg&e to pay 54 cents kilowatt hour to homeowners that put panels on their roo. i know a hundred people in this town that are generating surplus and pg&e is basically stealing this surplus energy at the rate pg&e is paying, so it's simply a policy that the mayor can institute under executive powers, and get around pg&e that way. in germany it's created 400,000 new jobs. it's created $4 billion in cash flow through the economy and making the german economy the strongest in europe and it's the -- it basically is a policy that pays the homeowners so it makes investing in solar attractive to homeowners. right now it's not attractive to put a hundred solar panels on your roof, but under this poli
i think what we should do is change the 100% 2020 goal to locally produced energy from facilities beyond that date. >> thank you. next speaker please. >> hello commissioners. my name is paul congressmanus and part of. >> >> bon hundred% solar. there is a way to get to one heard% -- 100% and ignored in this country by the media so you might not have heard of it. it's a solar payment policy. it requires pg&e to pay 54 cents kilowatt hour to homeowners that put panels...
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i thought those clothes better than hers, and i saw those clothes with energy. and i get less? this is unfair. unassetable there's a difference in minimum wage and not a difference in the skills of youth. the minimum wage is 21 years and older went up by 11p but for 16 to 18 it stayed the same. is this snare this is up acceptable. this is a campaign, there needs to be a change. thank you. [applause] >> who have we got from the northwest? the northwest. massive troop of people from the northwes ha you all notpoken before? okay. what about the guy at the end? yes. right at the end with the gra suit. >> i'm daniel and i'm from the northwest. minimum wage isn't the be all end all of wages. [inaudible] young people we don't have much experience, massive unemployed people from all ages. they've got more advantage than . we have to pay -- [inaudible] >> we have to can useoo that to our advantage. thank you. >> okay. the young woman in the corner of the chamber. with flowers in her hair, leapt to her feet and has been striving regularly to contribute. now you can be heard. >> i'm from
i thought those clothes better than hers, and i saw those clothes with energy. and i get less? this is unfair. unassetable there's a difference in minimum wage and not a difference in the skills of youth. the minimum wage is 21 years and older went up by 11p but for 16 to 18 it stayed the same. is this snare this is up acceptable. this is a campaign, there needs to be a change. thank you. [applause] >> who have we got from the northwest? the northwest. massive troop of people from the...
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and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. ♪ ♪ ♪ ♪ [ crowd cheering ] [ man ] touchdown confirmed. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [ mouse clicks ] so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds
and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. ♪ ♪ ♪ ♪ [ crowd cheering ] [ man ] touchdown confirmed. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [ mouse clicks ] so, the 5.3-liter v8 silverado can tow...
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. >> where is the energy? the energy is in the united states. stop these strikes. stop labor. and i think that the stalin -- always been a convenient distraction for the right and the center, the trumanites. up to today to get -- >> the fact the communists were doing what they doing made it easy for the right to use that. >> and that's what concerns me. whenow see all the liberals, and also the truman liberals, the clark cliffords that will drift in this direction, and it changes american history terribly because right now we have no union movement. i think the concept of labor versus capital is not even discussed in this country. >> this is what has happened and this is far more important, frankly, than pointing the finger at the soviet union. why not point it, as i said earlier, at churchill and greece and athen inches -- athens in 1944. >> we'll jump forward afterwards. >> on the go? after words is available via pod cast through itunes and xml. visit booktv.org and select which padcast you would you like to download and listen to after words while you travel. >> okay. like
. >> where is the energy? the energy is in the united states. stop these strikes. stop labor. and i think that the stalin -- always been a convenient distraction for the right and the center, the trumanites. up to today to get -- >> the fact the communists were doing what they doing made it easy for the right to use that. >> and that's what concerns me. whenow see all the liberals, and also the truman liberals, the clark cliffords that will drift in this direction, and it...
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, the energy is in the united states. stop the strikes, stop labor. i think stalin has always been a convenient destruction for the right and the center, the true man up to today. >> the fact that economists were doing what we're doing also made it easier. >> that's what concerns me when you see all the liberals such speaker and also the true and liberals that will drift in this direction and it changes american history terribly because right now we have no union movement. i think the concept of sleeper versus capital isn't even discussed in this country. >> this is what happened and this is far more important frankly than pointing the finger at the soviet union. why not pointing at as i said earlier chortle and greasy and -- churchill and greece and athens. >> on the go? "after words" is available through itunes and xm. >>> okay. i would like to for word to the 60's and talk about john kennedy with the memory of people now alive at least. clearly one of the most dramatic events of the presidency was the missile crisis in
, the energy is in the united states. stop the strikes, stop labor. i think stalin has always been a convenient destruction for the right and the center, the true man up to today. >> the fact that economists were doing what we're doing also made it easier. >> that's what concerns me when you see all the liberals such speaker and also the true and liberals that will drift in this direction and it changes american history terribly because right now we have no union movement. i think...
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very cheap energy without being driven by economic weakness. that's one thing. and then i guess on the potential negative side, i really do think that there's always the chance that the central banks have kind of, you know, kind of -- they basically have the system in therapy right now and they think they have the medical dosages right in terms of free money. and if they sort of lose control, whether it's in europe or somewhere else, i really do think the markets should be unprepared for that if we go down a few months down that road. >> mike, ezra, good to have you on the program. thanks so much. >> thank you. >> have a great new year. >>> up next on the "the wall street journal report," the faces that made the news of 2012 on our show. we will bring you the best of the best. find us on facebook/mariabartiromo. back in a moment. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you
very cheap energy without being driven by economic weakness. that's one thing. and then i guess on the potential negative side, i really do think that there's always the chance that the central banks have kind of, you know, kind of -- they basically have the system in therapy right now and they think they have the medical dosages right in terms of free money. and if they sort of lose control, whether it's in europe or somewhere else, i really do think the markets should be unprepared for that...
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that is why energy is more expensive because we import a lot of that. if every country is doing that, its race to the bottom how quickly they can devalue their currency. >> we trade with so many different nations. we trade with europe and certainly with china. look at our trade imbalance and you can figure that out. europe has only a handful of countries that are doing decently? >> there is about six. they are in the northern part of european. what europe wants is these countries, mainly germany to bail the rest of europe out. germany has balked at that quite a bit. merkel has an election coming up soon. i don't think you'll see germany doing a lot of bailing out the rest of europe. and europe is the number one global concern to this day. if europe doesn't do well, the rest of the world economy is going to suffer. >> gregg: what about japan? is it insolvent already? >> yeah. a lot of people believe so. that will be a big story in 2014. just recently japan announced that they are going to start printed ago lot of money and last week, you saw the yen drop
that is why energy is more expensive because we import a lot of that. if every country is doing that, its race to the bottom how quickly they can devalue their currency. >> we trade with so many different nations. we trade with europe and certainly with china. look at our trade imbalance and you can figure that out. europe has only a handful of countries that are doing decently? >> there is about six. they are in the northern part of european. what europe wants is these countries,...
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but declining energy prices are not necessarily good for energy production. because at some point, energy producers are going to say the price is too low and to mitigate that problem, they have to be able to export. the obama administration hasn't decided-- >> export of natural gas and that's a key policy move ahead. >> paul: and the new world as the arab spring continues to deteriorate and in iran nuclear program continues to progress. progress. look at the foreign policyyyyy [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. share brotherly love. share one up's. mom ? mom ? the share everything plan. lets your family share a pool of data across 10 devices with unlimited talk and text. now get a lucid by lg, free. >> from iran's nuclear ambition toss china's nationalist impulses, the new year, no doubt, will bring its own share of foreign policy chal
but declining energy prices are not necessarily good for energy production. because at some point, energy producers are going to say the price is too low and to mitigate that problem, they have to be able to export. the obama administration hasn't decided-- >> export of natural gas and that's a key policy move ahead. >> paul: and the new world as the arab spring continues to deteriorate and in iran nuclear program continues to progress. progress. look at the foreign policyyyyy [...
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he has also been a big step in of energy policy -- champion of energy policy. discovery of natural gas in your state has changed the economy. where do you think this new discovery of this resource is going to lead us? >> i did it is incredibly positive for the united states. we of gone from 60% foreign energy dependence down to 40%. there are a lot of projections now the we could become energy independent over the next several decades. that would be an incredible boon to this country. instead of sending $400 billion or five order billion dollars abroad every year to buy scarce energy supplies for people who do not particularly like us, we could be spending that at home. think of the difference that will make to the economic strength of united states. think about what it will mean to job opportunities, the economic strength of america. natural gas is a very clean resources compared to many of the other options. our progress . on reducing dependence has also been on grenoble's. -- progress on reducing dependence has also been on renewables. all across north dakot
he has also been a big step in of energy policy -- champion of energy policy. discovery of natural gas in your state has changed the economy. where do you think this new discovery of this resource is going to lead us? >> i did it is incredibly positive for the united states. we of gone from 60% foreign energy dependence down to 40%. there are a lot of projections now the we could become energy independent over the next several decades. that would be an incredible boon to this country....
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nd energy will sink and we'll be better f. it is behathe sector we'll pour billions into it >> the wind farms are kind of methadone clinic. we'll reenact the two percent . part of the bargain let's get america off of a far more dangerous drug than corn or ethanoyl. it hurts food shoppers and tears up the inside of the engine. >> two wrongs don't make a right. what john was referring to was windmills in places like noay. >> and holland. >> and wha is happening the wind sector took off in norway and in denmark. at the same time gerald ford and carter were pushing shell gas developnt. >> and that was viable. and that is 50 percent of what is going on in wind energy and equals the pice . you net out 15 percent of the oil. are weaking these compaes economically profitable or if not. they should be killed off and otherwe we are padding the profits. morgan, you still like solar and what about wind. >> the price of that is coming down. wind energy let is it lapse and slash and born corn sib sidies. going back to wind. it is 8,000 perc
nd energy will sink and we'll be better f. it is behathe sector we'll pour billions into it >> the wind farms are kind of methadone clinic. we'll reenact the two percent . part of the bargain let's get america off of a far more dangerous drug than corn or ethanoyl. it hurts food shoppers and tears up the inside of the engine. >> two wrongs don't make a right. what john was referring to was windmills in places like noay. >> and holland. >> and wha is happening the wind...
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very cheap energy without being driven by economic weakness. that's one thing. and then i guess on the potential negative side i really do think that there's always the chance that the central banks have kind of, you know, kind of -- they've basically have the system in therapy right now and they think they have the medical dosages right in terms of free money. and if they sort of lose control, whether it's in europe or somewhere else, i really do think the markets should be unprepared for that if we go down a few months down that road. >> mike, ezra, good to have you on the program. thanks so much. >> thank you. >> have a great new year. >>> up next on the "the wall street journal report," the faces that made the newsf 2013 on our show. we will b bring you the >>> the meerz deens bend winter event is back with a perfect vehicle that's just right for you. no matter which lists you're on, lease a 2013 c-250 for $349 a month at your local mercedes benz dealer. and some difficult ones. but, through it all, we've persevered, supporting somof the biggest ideas in mod
very cheap energy without being driven by economic weakness. that's one thing. and then i guess on the potential negative side i really do think that there's always the chance that the central banks have kind of, you know, kind of -- they've basically have the system in therapy right now and they think they have the medical dosages right in terms of free money. and if they sort of lose control, whether it's in europe or somewhere else, i really do think the markets should be unprepared for that...
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in our series looking at what happened in twenty twelve we focus on the rising levels of political energy in russia. presidential election twenty three cameras up on this roof correspondents throughout moscow and i mean you come across lines throughout the night was a great night was. the real color was right behind us was in it but but so one point when putin came out to show me like crowds the way of costume of the thousands and thousands of people i suppose so celebrating his victory one of the main points the unprecedented protests that took place to that election work and protest rallies that never really feels like we're actually taking part in the event it was during one of the massive protest rallies in moscow square that it really fifty for the first time when i saw the crowd walking it's easy to park right next to ours in the station and i realized how soon was people really turned uncontrollable in the matter with seconds and they'll come in just as easily chaos really quickly of people trying to get the political point in the past twelve months. the best way to do that would b
in our series looking at what happened in twenty twelve we focus on the rising levels of political energy in russia. presidential election twenty three cameras up on this roof correspondents throughout moscow and i mean you come across lines throughout the night was a great night was. the real color was right behind us was in it but but so one point when putin came out to show me like crowds the way of costume of the thousands and thousands of people i suppose so celebrating his victory one of...